Startup IPO jitters spill over into South-east Asia
With large venture-backed US IPOs struggling, region could see delay in such listings
Singapore
A REALITY check on mega flotations in the world's biggest stock market is sending ripples through the region's initial public offering (IPO) market for venture-backed startups.
Following the recent flops of startup IPOs in the US, market sentiment in South-east Asia has also turned more cautious, say analysts.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Not in education, employment or training: Why more Hong Kong youths are opting out of work
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
How I knew I was ready to retire at 50